This is eBay’s 60th acquisition, and notably the last three (including this one of Terapeak) have all been geared at providing better data to eBay users - specifically its sellers and shoppers. Terapeak had raised around $5 million in funding with the only investor disclosed on Crunchbase being Georgian Partners. It’s acquiring Terapeak, a Toronto-based startup that has built a platform that crunches data about supply, demand and pricing to help guide companies on what to sell and how to price it.įinancial terms of the deal have not been disclosed. EBay today announced another acquisition today that underscores the company’s current focus on building out better data tools for third-party sellers on its platform, to help it compete better with the likes of Amazon and other marketplaces to attract their business.
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